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IBM Q3 2026 · Story

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IBMQ3 20261/4

Estimate vs Actual

Earnings per Share

Estimate
$2.89
Actual
$2.95

+2.2% vs Estimate

Revenue

Estimate
$17.0 B
Actual
$17.1 B

+0.7% vs Estimate

IBMQ3 20262/4

Guidance

Full-Year Revenue Growth

Company Guidance
4% – 5%

In Line ✓

Full-Year Free Cash Flow

Company Guidance
15.7 billion

At Least 6.8% Annual Growth ▲

Full-Year Software Growth

Company Guidance
7% – 8%

Low End Up 1 Point ▲

IBMQ3 20263/4

In 30 Seconds

Revenue of $17.10B beat estimates by 1.4%, and adjusted EPS of $2.95 beat by 2.4%.

  • Software grew 8.3%; the company raised its annual free cash flow growth target to more than $1B.
  • The stock first rose 4.8% after hours, then reversed after the call and was down 5.0% as of 6:15 p.m.

First point of the analysis's “In 30 Seconds”.

Full Analysis
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